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Startup Metrics

TechEmpower

When talking to startup founders or other innovators, we always ask questions to better understand their business as a core. Start by building just enough of your product to get early CAC and CLV signals (they won’t be perfect). Next, define what you need from a metrics and reporting standpoint. What does the business do?

Metrics 260
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How to Prepare for a Board Meeting to Make Sure you Crush It

Both Sides of the Table

They decide to wake up early to read the materials. In town board members also only scan it because they, too, have morning meetings before the board meeting starts. The deck itself was produced by a committee of functional team lead who were asked to do 5–7 slides each for an update. The meeting starts.

Startup 226
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How To Take Your Business Idea From Dream To Reality

Startup Professionals Musings

Image via Pixabay In my role as a new business advisor and occasional investor, I hear lots of people talking about their dreams of “someday” starting and running a new venture. They can talk with passion about their innovative new idea, and ask lots of questions, but never seem to really get started.

Ideas 99
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6 Essential Leadership Practices Raise Accountability

Startup Professionals Musings

For example, instead of quick slide presentations, teams at Amazon write six-page memos to lay out ideas in narratives to be read in silence at the start of a meeting. It’s up to you to keep all potential consequences in perspective, and don’t apply them as a lever to improve performance.

Coach 145
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6 Steps To Move From Inspiration To Business Reality

Startup Professionals Musings

Based on my experience and data from the field, over seventy-five percent of new startups fail, even with venture backing. Writing down key parameters will force you solidify the specifics, and mentally commit to them. Any startup with no patents, trade secrets, or other secret sauce is very high risk today.

Ideas 94
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I Know Everybody Told You to Send Your Fund-Raising Decks as a Link.

Both Sides of the Table

Whenever you write your deck and send it out I think you should actually think to yourself, “my competitors are probably going to read this one day and this will be forwarded widely” and if your response isn’t “so what!” There are a million ways to make graphics lighter or resize your file without a huge impact on the quality of the slides?—?after

Funding 239
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This Week in VC with Mo Koyfman of Spark Capital

Both Sides of the Table

We both felt that the critical reasoning skills and writing skills were critical to our career development. How did they end up with such an irreverent site and what was their objective? Should you have 7 people doing your seed round and why Ron Conway is the S&P 500 of Venture Capital (this discussion starts at minute 59).